The American Red Cross

Reporters can find valuable information from nonprofit organizations through their IRS 990 forms. The American Red Cross is a nonprofit organization that I will be investigating for the next month. Through their IRS 990 form located on their main Web page http://www.redcross.org under the tab publications I found information concerning revenue, expenses, assets and salaries.

For the American Red Cross for 2010 the total revenue for their organization was $3,587,775,430. The total revenue accounts for contributions and grants, program service revenue, investment income and other revenue.

The total expenses for the American Red Cross was $3,354,177,445 which included grants and similar amounts paid, benefits paid to or for members, salaries and other compensation including employee benefits, professional fundraising fees and other expenses.

The total amount of assets for the organization amounted to $3,861,363,138.

With the 990 form, salaries of top officers and presidents are available.Gail McGovern is the President and CEO of the American Red Cross and made $995,718 in 2010. Mary Elcano, General Counsel & Secretary, received $376,041 for her salary in 2010. Brian Rhoa, Chief Financial Officer, made $358.267 in 2010. Elizabeth O'Neill the Division VP of Biomedical Services for the American Red Cross made $351,740 as her salary in 2010.

The mailing address for The Central West Virginia Chapter of the American Red Cross is 113 Lakeview Drive Charleston WV. Their telephone number is (304) 340-3650 and their Web page is .

For more information on nonprofit organization's IRS 990 forms, there are online resources including GuideStar.org or WVSOS.